Sen. Paul looks to limit FTC’s authority to enforce antitrust laws

By Pete Kasperowicz – Sen. Rand Paul (R-Ky.) has introduced legislation that would limit the authority of the federal government to identify and block business activity it deems to be anti-competitive.

Paul argues that under these laws, the FTC has too much leeway to define what business activities are legal, as it can define “unfair methods of competition,” “markets” and “price discrimination.” This leeway has led the FTC to ban some activities that Paul believes should be permitted. more> http://is.gd/292Tey